Despite the news claims advising investors that this stock is all doom and gloom, I believe its about to come out from it's recovery mode. This analysis is just for reference but advice for a friend who was looking to invest in this Boeing company.
Lower lows lower highs, stair stepping its way down, would this company be broke if it wasn't for the Quebec government giving them a huge pile of $$. Time will tell.
business.financialpost.com
Preface
It comes to no surprise that once again the Canadian "too big to fail" manufacturing giant, Bombardier, is suffering against competition due to a low inventory turnover ratio and a CSeries line of Jets that just isn't selling. In their last quarterly report Bombardier made no recognition in the notes to the financial statements of the fact that...
